Silver trading range for the day is 124290-129010 - Kedia Advisory

Silver
Be Cautious. Important resistance at 128800 while Support at 125500.
Observations
Silver trading range for the day is 124290-129010.
Silver fell pulling back from record highs as investors locked in profits.
The Federal Reserve cut the federal funds rate by 25 bps to a range of 4.00%–4.25%, in line with expectations.
US housing starts tumbled 8.5% month-over-month in August 2025 to a seasonally adjusted annual rate of 1.307 million units
Fed signaled additional 50bps cuts before year’s end while revising GDP growth projections higher.









